Clear Street Introduces OCC Cross-Margin Capabilities, Enabling Futures Traders to Improve Capital Efficiency

Clear Street, a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, announced the roll out of OCC Cross-Margin capabilities, allowing futures and options traders to “consolidate margin requirements and improve capital efficiency.” OCC Cross-Margin capabilities were launched in “anticipation of increased… Read More

Mifundo to Utilize Experian to Enable Cross Border Credit Accross EU

Mifundo reports that it has partnered with Experian to enable cross-border credit in the EU. Experience is a top credit reporting and analytics firm that provides services globally. Mifundo, founded in 2028 and based in Estonia, is developing an artificial intelligence cross-border date platform to power… Read More

Ripple Obtains DFSA License to Provide Crypto Payments in the UAE

Ripple, the enabler of enterprise blockchain and crypto solutions, has received approval from the Dubai Financial Services Authority (DFSA) to provide regulated crypto payments and services in the Dubai International Finance Centre (DIFC). Ripple will reportedly be the “first” blockchain-enabled payments provider licensed by the… Read More

UK’s Development Finance Lender Magnet Capital Receives Additional Financial Backing from Shawbrook

Development finance lender Magnet Capital has received further financial backing from existing funding partner, Shawbrook to expand its reach to more customers and support further growth. Based in London, Magnet Capital specializes in “supporting smaller builders and developers in the UK market who are often… Read More

Fintech and Digital Financial Services Being Reshaped By Digitalization and Mobile Identity – Report

A whitepaper from Juniper Research has examined the transformative role of digitalization and mobile identity in reshaping various industries, with a particular focus on fintech and digital financial services. The report from Juniper Research noted that as global financial institutions increasingly pivot toward digital platforms,… Read More

Fast Payments Enabling Financial Inclusion in Latin America and the Caribbean – BIS Report

The Bank for International Settlements (BIS) recently released a paper focused on fast payments and financial inclusion in Latin America and the Caribbean, providing insights on how advancements in payment systems are reshaping financial access across the region. With over 100 jurisdictions worldwide adopting fast… Read More

LatAm Fintech Infrastructure Provider Prometeo Launches Borderless Banking Solution

Prometeo, a Fintech infrastructure company connecting corporations with financial institutions in Latin America and the US, announced the launch of its Borderless Banking offering to support business-to-business (B2B) financial operations between the US and LatAm markets. This product integrates with the banking infrastructure in the… Read More

Payments and Cashflow Fintech Mimo Raises $8.5 Million in Equity Capital, $125 Million in Embedded Finance

Financial management Fintech Mimo says it has raised $8.5 million in equity capital and $125+ million in “embedded finance.” Mimo is short for Money in, Money out. Mimo was founded in 2023 by Henrik Grim (CEO), Alexander Gernandt Segerby (CPO), and Andreas Meisingseth (CTO). The… Read More

Fintech Plaid and Dwolla Expand Integration, Unified API Available to Enterprise Clients

Dwolla, a US-based A2A payment solution, has recently announced the general availability of its expanded integration with Plaid, a data network powering the digital financial ecosystem. Dwolla‘s clients are now reportedly able to leverage Plaid’s instant account verification and real-time balance check alongside “pay-by-bank payments… Read More

UK Cashflow Fintech Lenkie Celebrates £49M Series A

This past week, United Kingdom cashflow management platform Lenkie announced £49 million in Series A funding. The round, which includes £4 million in equity and a £45 million debt facility, was led by a “large US private credit fund focused on supporting lenders internationally.” Lenkie… Read More

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